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ProAmpac Holdings Inc. is acquiring the packaging business of TC Transcontinental, per a Reuters update published February 25, 2026. The source gives no deal value or closing details.
TC Transcontinental, Canada's largest printer, and The Globe and Mail extended their newspaper printing agreement by 10 years, in a partnership dating back 40 years.
ProAmpac signed a definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental for US$1.51 billion (about CAD 2.1 billion). The deal is expected to close in Q1 2026.
TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.
Montreal-based TC Transcontinental bought the assets of Enviroplast, an insolvent LDPE film recycler with plants in Quebec and Ontario, for 16.1 million Canadian dollars. The purchase was announced June 16, 2020, and the equipment will supply recycled resin for its packaging production.
TC Transcontinental agreed to sell its paper and woven polypropylene packaging operations to Hood Packaging Corporation for US$180 million, subject to working capital adjustments. Closing is expected in the first quarter of fiscal 2020.
ProAmpac signed a definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental for US$1.51 billion, with closing expected in the first quarter of 2026.
ProAmpac, a portfolio company of PPC Partners, acquired Pactech Packaging, which manufactures flexible packaging such as pouches, bags and liners with zippers and spouts. Its products serve government, military, aerospace and automotive supplies.
TC Transcontinental completed its acquisition of Ultra Flex Packaging Corp., a flexible packaging supplier in Brooklyn, New York with close to 300 employees, on October 1, 2015. The deal was announced September 1, 2015. Price was not disclosed.
TC Transcontinental acquired Montréal-based flexible packaging converter Les Industries Flexipak Inc., which employs 55 people, extending its packaging footprint to Eastern Canada.
TC Transcontinental acquired all shares of Flexstar Packaging, a Richmond, British Columbia flexible packaging converter with over 120 employees and about C$36 million in revenue. The deal was announced on October 17, 2016.
TC Transcontinental acquired Robbie Manufacturing, a flexible packaging supplier in Lenexa, Kansas with over 175 employees, announced on June 30, 2016. Deal value was not disclosed.
